Spotify now offers US college students half-price music streaming (updated)

Don't think you can afford a paid streaming music service as a cost-sensitive student? Think again -- the price may finally be within your reach. Spotify has launched a US student program that lets you pay just $5 per month for Premium access (half of the usual price) as long as you're attending a post-secondary school that qualifies for federal aid, whether it's a college or a vocational outlet. Be sure to time your registration well, though. Much like an equivalent offer in the UK, you'll only get the discount for a year. Still, the $60 you spend may be worthwhile if it gives you enough studying music to get through a couple of tough semesters.

Update: Helpful reader will noticed that the discount merely lasts for a year at a time -- you can renew it three more times before you're paying full price. In other words, it should cover your entire degree.